Two trendlines, ultimate reward | Page 17 | Forex Factory

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Two trendlines, ultimate reward

  • #321
  • Mar 1, 2016 9:15am Mar 1, 2016 9:15am
Landline,

Thank you for your complimentary comment. I am encouraged to incorporate drawing trendlines , although I use Ichomoku , I would say drawing trendlines in a manual way of understanding trends, support and resistance.
  • #322
  • Mar 1, 2016 9:24am Mar 1, 2016 9:24am
EUR JPY just spiked, I know there is news out today at 10 am but that is to do with US ISM Manufacturing, why should it affect this pair?
  • #323
  • Mar 1, 2016 9:27am Mar 1, 2016 9:27am
Quoting Rafiki
Landline, Thank you for your complimentary comment. I am encouraged to incorporate drawing trendlines , although I use Ichomoku , I would say drawing trendlines in a manual way of understanding trends, support and resistance.
Yes R...what you've said is correct to me also.

There are countless methods to find a direction out there, along with countless ways to draw t/ls. Daniel I believe has encouraged this variety of looking at the possibilities because he recognises that there is more than one way to skin a rabbit so good for him and his thread.

LL
  • #324
  • Mar 1, 2016 9:33am Mar 1, 2016 9:33am
And as we spoke, Gold hit my tp2 lol.....stop on final position now be +50.....it's nice when a plan comes together lol!

LL
  • #325
  • Mar 1, 2016 9:46am Mar 1, 2016 9:46am
Had to get out of my EUR JPY sell, news spike just went above my stop loss. I will wait another opportunity to sell when the news settles down.
  • #326
  • Mar 1, 2016 10:08am Mar 1, 2016 10:08am
I am short

Quoting Bones
2 trend line gbpcad {image} {image} {image}
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #327
  • Mar 1, 2016 10:12am Mar 1, 2016 10:12am
Bones,

I support your trade, I think GBP/Cad has a good drop in play. What is your target?
  • #328
  • Mar 1, 2016 10:15am Mar 1, 2016 10:15am
Hi R its laid out completely in original idea ,we are looking for a D1 close below support first
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #329
  • Mar 1, 2016 10:41am Mar 1, 2016 10:41am
Quoting Bones
Hi R its laid out completely in original idea ,we are looking for a D1 close below support first

Hi Tony,

wau, we will be wait for close here too :-) :-)

When You enter? Obvious at morning? Or at night, after close D1?
  • #330
  • Mar 1, 2016 11:11am Mar 1, 2016 11:11am
close is safest Daniel ,maybe monitor h4,whats the tls look like ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #331
  • Mar 1, 2016 11:29am Mar 1, 2016 11:29am
here Daniel my opinion ,till it changes
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #332
  • Mar 1, 2016 11:36am Mar 1, 2016 11:36am
Quoting Bones
close is safest Daniel ,maybe monitor h4,whats the tls look like ?

Hi Tony, I see this on my chart.

Looks like GBPCAD will go up for some time.
So, close below will be maybe KO?
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  • #333
  • Mar 2, 2016 2:35am Mar 2, 2016 2:35am
EURGBP with 2 TL's.
Charts are from Monthly to M30.

We will see....
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  • #334
  • Mar 2, 2016 3:20am Mar 2, 2016 3:20am
I do not trade small TF's.

USDCHF for sell only for example on low TF.
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  • #335
  • Mar 2, 2016 3:40am Mar 2, 2016 3:40am
GBPNZD for sell.

Now it is too late.

Oh no, I missed this signal :-/
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  • #336
  • Mar 2, 2016 3:41am Mar 2, 2016 3:41am
GBPCAD,... only for illustration.

Not excellent setup, but its worked.

Now it is too late fore me.
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  • #337
  • Mar 2, 2016 4:54am Mar 2, 2016 4:54am
GBPJPY 4HR Sell?

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May Peace & Blessings Of The Almighty God Be Upon You.
  • #338
  • Mar 2, 2016 6:59am Mar 2, 2016 6:59am
Quoting daniel2
{quote} Hi StrikeBack, thank You Welcome! Greetings to China Daniel
Thank you Dan for your kind words.

The chart is WTI 1 hour candles, it seems the two trendlines worked. Is my drawing correct? The platform is OANDA, the instrument is WTI CFD.
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  • #339
  • Mar 2, 2016 7:04am Mar 2, 2016 7:04am
15 Min. Chart. A resistance line is above, if broken out, I shall add one more position. Right? I won't because I have enough positions, and 10:30 AM(New York time) will be EIA report release, that is Non-Farm for oil.
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  • #340
  • Mar 2, 2016 7:50am Mar 2, 2016 7:50am
Quoting mrafzal
GBPJPY 4HR Sell? {image}

Welcome mrafzal,

very nice!

But I must consider, that price will move against You. Price seems go up.
But on entry You may got almost 60 pips. Then goes price up. So, I use BE (Break Even), obvious, like by EURGBP morning + 10 pips.

Greetings to UK
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